10/10

Franchimp Summary Rating

9 /10
Lower than 18% of peers

Franchise Summary

Description
The franchised business being offered is NAUTICAL BOWLS, a fast casual retail food and beverage establishment featuring superfood smoothie bowls and healthy beverages.
Corporate Structure
The franchisor is Nautical Bowls Franchising, LLC, a Texas limited liability company, formed on September 25, 2020, with its principal business address at 3432 County Road 101, Minnetonka, Minnesota 55345.

Earnings Transparency

10 /10
This Franchise discloses far more about the financial performance of their franchisees compared to other franchises in the same industry.

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Quick Service Restaurants (QSR) Industry

$974,824 / unit

Franchise Type: Standard

Average Revenue During 2021

$974,824
$406,028
Industry Low
$2,560,782
Industry High

Average Gross Profit Per Unit

Compared vs. Quick Service Restaurants (QSR) Industry

$634,820 / unit

Franchise Type: Standard

Average Gross Profit During 2021

$634,820
$222,784
Industry Low
$634,820
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Nautical Bowls Franchise System Development in 2024

FAQ

How much investment do I need to start my own Nautical Bowls business?
Franchisees typically require at least $220,200 to $439,850 investment to get their Nautical Bowls business started
What are the initial franchise fees for Nautical Bowls?
Franchisees typically need to pay at least $20,000 in fees directly to Nautical Bowls in order to earn the right to launch their business
How much money can I make with a Nautical Bowls franchise? What are the average revenues for a typical Nautical Bowls business?
We haven’t done the math on how much revenue a typical Nautical Bowls brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $974,824 revenue, so we would expect Nautical Bowls to generate a similar amount
How long do I need to commit to running a Nautical Bowls unit? What is my contractual commitment?
Nautical Bowls franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

9 /10
The Franchisor's investment costs ranges from $220,200 to $439,850 which is Much Lower than the $0 to $0 average in the Quick Service Restaurants (QSR) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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